Europe3 months agoINEOS Energy chairman says bp’s North Sea exit underscores UK’s investment challengesbp’s decision to market its UK North Sea business highlights the growing impact of fiscal uncertainty on investment in the…
Europe3 months agoOdfjell Drilling brings Deepsea Atlantic back on hireOdfjell Drilling confirmed that its Deepsea Atlantic semisubmersible has returned to operations, ending a total off-hire period of 106 days…
Europe3 months agoTotalEnergies swoops for Shell onshore businessTotalEnergies has signed agreements to acquire Shell’s onshore renewables business in Europe and to sell a 50% stake in a…
Europe3 months agoEY nudges up UK growth forecast, but warns of recession if Strait of Hormuz stays closedEY nudged up its 2026 UK growth forecast on Monday but warned of a potential recession if the Strait of…
Europe3 months agoBP quits North Sea after tax grabBP will sell its North Sea oil division after the government’s tax raid on domestic oil, in a move that…
Europe3 months agoBP to cut 700 jobs as it simplifies company, internal email showsBP, opens new tab plans to cut about 700 of its non-frontline global workforce, according to an internal email seen…
Europe3 months agoTechnipFMC Reports Record Q2 Subsea Revenue and Targets $10 Billion in New Orders for 2026 as Offshore Market AcceleratesTechnipFMC has reported second-quarter 2026 results showing record subsea revenue performance and raised its confidence in achieving $10 billion of…
Europe3 months agoWorley awarded pre-FEED contract for Dutch Abeona CCS projectPetrogas E&P Netherlands has selected Worley to deliver the pre-front end engineering and design (pre-FEED) study for the Abeona carbon…
Europe3 months agoSafe arrivals at AF Environmental Base VatsTwo offshore assets from the UK sector of the North Sea have recently safely arrived at AF Environmental Base Vats.…
Europe3 months agoTransocean Enabler strikes oil near Johan Castberg for EquinorEquinor and its partners discovered oil in the Skrugard North Tubåen prospect in the Barents Sea, with the licensees weighing…
